| Mar 27, 2015
| 5:49 PM
The stock market moved sideways and down this week as investors sorted through a welter of conflicting data about the strength of the U.S. economic recovery: consumer spending up, inventories down, dollar stronger, output forecasts lowered.
| Mar 26, 2015
| 6:13 PM
Back in 1965, much as today, the Federal Reserve's main inflation gauge was running at a low 1.25%, labor costs were growing slowly and the unemployment rate was half a percentage point above what then was viewed as optimal.
Just 18 months later,...
| Mar 24, 2015
| 6:38 PM
For the last six months, it seemed like the dollar could only go up. But if the Federal Reserve has its way, that might be over now.
It was a simple story. The U.S. economy was doing well enough that it looked like it would start raising interest...
| Mar 23, 2015
| 12:30 PM
A few years ago, I was dispatched to cover a speech by then-Federal Reserve Chairman Ben Bernanke. Although the topic listed was listed in the Physician's Desk Reference under "heavy narcotics," my presence was required, "just in case he makes some news."...
| Mar 20, 2015
| 1:40 PM
Stocks advanced Friday, capping a strong week, helped by a recovery in the price of oil and earnings from Olive Garden owner Darden Restaurants and sportswear giant Nike.
The Nasdaq composite index inched closer to its all-time high set at the height of...
| Mar 19, 2015
| 8:44 AM
Long-term interest rates declined this week, with Freddie Mac saying lenders were offering conventional 30-year mortgages at an average of 3.78%, down from 3.86% a week ago.
The average for 15-year fixed home loans slipped to 3.06% from 3.1%, the...
| Mar 17, 2015
| 2:57 PM
Is the mommy robin getting ready to push her fledglings out of the nest?
If you were to talk with most economists, they probably wouldn't express the angst about Wednesday's Federal Reserve meeting in quite these terms. But the fear of being shoved from...
| Mar 18, 2015
| 11:57 AM
The Federal Reserve signaled Wednesday that it needs to see further improvement in the job market and higher inflation before it raises interest rates from record lows.
At the same time, the Fed at least opened the door to a rate increase later this...
| Mar 17, 2015
| 12:19 PM
Just as the Federal Reserve seems to be inching toward an interest rate hike because of the strengthening U.S. job market, its task is getting more complicated: Several key sectors of the economy are flashing some signs of weakness.
| Mar 18, 2015
| 5:48 PM
Federal Reserve officials took a step toward raising interest rates for the first time since 2006, but with economic growth slowing in the first quarter and inflation running unusually low, policymakers made clear that they are in no hurry to do so.
| Mar 11, 2015
| 2:39 PM
Bank of America must revise its plans for increasing dividends or buying back its own stock, the Federal Reserve has ordered, citing gaps in the bank's risk planning.
The Fed announced the decision Wednesday as part of its "stress tests" — an...